US EditionDavid Malpass to Newsmax: Fed Wrong, Late on Interest Rates
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David Malpass to Newsmax: Fed Wrong, Late on Interest Rates
Former World Bank President David Malpass criticized the Federal Reserve during a Wednesday appearance on Newsmax's "Rob Schmitt Tonight," accusing the central bank of missteps in interest rate policy and lending practices. "The problem is the Fed's been wrong. They've been late on interest rates, and they've also made lots of mistakes as far as lending within the economy," he said. Malpass contended that the Fed's decisions have been consistent…
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